Wisdom and experience gained in other lands throughout life can be a frustrating thing here DTM. "Do it right the first time" could be achieved easily with advice given, but you have to suffer through countless trials and errors simply because others think they know better. Gloating at the end of things is useless and an empty exercise.......brick wall impressions on your forehead is a badge of honour!dtaai-maai wrote:And I thought it was just me!prcscct wrote: one becomes more impatient,
Why do farang buy bars?
Re: Why do farang buy bars?
Governments are instituted among Men, deriving their just powers from the consent of the governed. Source
Re: Why do farang buy bars?
Interesting topic. I have known a couple of farangs who have taken on bars in Thailand and have fallen on very hard times after a relatively short time. I think for some it is a dream lifestyle that is under researched; it is a potential business, do a two year business plan and market research. Mostly it is under financed ... a few thousand £ of life savings will soon evaporate.
Personally, I know which side of the bar I belong on.
Personally, I know which side of the bar I belong on.
-
- Ace
- Posts: 1748
- Joined: Fri Apr 26, 2013 11:58 pm
Re: Why do farang buy bars?
Opening a bar/restaurant anywhere in the world is fraught with danger if you have no experience of the other side of the bar. We were planning to open a bar/resto in the tourist area of Sousse, but in the end we built a coffee shop in a relatively wealthy area where all the trade is local. Tourists and tourist fashions come and go but locals are always there.
- migrant
- Addict
- Posts: 5865
- Joined: Tue Aug 08, 2006 6:15 am
- Location: California is now in the past hello Thailand!!
Re: Why do farang buy bars?
Restaurants, and bars, whether in Thailand, or other places, attract a lot of people. I think many have the dream of being like Rick in Casablanca, having the table, or stool, in the corner, buying drinks and partying with friends. Most figure they have spent enough time in bars and restaurants,that they know how to make a successful place, but truly have no idea how to run the business. Since they are going to make a bundle, most are started with too little cash. They survive the first few months as mentioned above, but then reality takes over.
I deal with a lot of businesses and have seen this many times. Successful bar, and restaurant, owners, are some of the hardest workers out there
I deal with a lot of businesses and have seen this many times. Successful bar, and restaurant, owners, are some of the hardest workers out there
The proper function of man is to live, not to exist. I shall not waste my days in trying to prolong them. I shall use my time.
Re: Why do farang buy bars?
Good post and speaks true. Pete
Governments are instituted among Men, deriving their just powers from the consent of the governed. Source
Re: Why do farang buy bars?
Understand your post Migrant but the film was made 27 years before I was born. I have seen many successful bars here and many complete failures simply because the people have no clue what they are doing, never done it before and think it is easy. It is not. I know virtually nothing about flying planes as a business so why would I buy one? Now as for the Turkish delight. Enlighten me anybody.
Crazy 88
Crazy 88
Re: Why do farang buy bars?
I tended a "one man" neighborhood bar as a second job on the evening shift for a few years in my late 20's in the U.S. and I can tell you from that experience that it is no fun, constantly trying to calm the drunks and break up fights when they happen (and they will at least once a week) as well as it being a hectic job, if you are the only employee... must be a bit easier with a couple of Thai servers to help.
My brain is like an Internet browser; 12 tabs are open and 5 of them are not responding, there's a GIF playing in an endless loop,... and where is that annoying music coming from?
Re: Why do farang buy bars?
Another aspect of all this is I think a foreigner can't get a WP to work/run a bar. Every time he is behind the bar and even drying a glass or emptying an ashtray he risks arrest. He needs to sit on a stool like a customer and direct operations from there.
I guess if he pays his tea dues he may get a break. Thankless job.
I guess if he pays his tea dues he may get a break. Thankless job.
Governments are instituted among Men, deriving their just powers from the consent of the governed. Source
-
- Specialist
- Posts: 135
- Joined: Sun May 18, 2014 10:08 pm
- Location: where my hat hangs
Re: Why do farang buy bars?
Answer is right there in front of our faces!! Simplest way to avoid the BF
Home is where you hang your hat
Re: Why do farang buy bars?
Well I'm not a Visa expert, but I would have thought that owning/leasing any kind of business would entitle you to apply for a business Visa (not talking about Work Permit, just a Visa)?richard wrote:As far as know you can only lease a bar. You cannot work in the bar. Therefore you are not eligible for any sort of visaPleng wrote:Indeed. I guess if you've got money to throw away, and want to stay in Thailand, owning a bar would be a relatively easy way to back up a business visa?richard wrote: Some do it as a hobby. It's only throw away money
While I know a work permit can't be granted for working behind the bar, business management positions are not on the black list, so would it not be possible to apply for a permit on that basis?prcscct wrote:Another aspect of all this is I think a foreigner can't get a WP to work/run a bar. Every time he is behind the bar and even drying a glass or emptying an ashtray he risks arrest. He needs to sit on a stool like a customer and direct operations from there.
I guess if he pays his tea dues he may get a break. Thankless job.
Re: Why do farang buy bars?
I know a bar owner that has a work permit it's framed with his mug shot on the wall of his bar.
He told me that he thought their was only three bar owners in Hua Hin that had a permit.
Kendo.
He told me that he thought their was only three bar owners in Hua Hin that had a permit.
Kendo.
Is Bangkok a place or a nasty injury.......Eric Morcombe.
Proud to be a Southampton FC Fan.
Proud to be a Southampton FC Fan.
-
- Professional
- Posts: 317
- Joined: Mon Oct 07, 2013 11:33 pm
Re: Why do farang buy bars?
Re. my post just now on 'Soi 80 map' thread, the 2 bars i stated (they've closed) have barely been open 3 months!
Do some bar-buyers just under-estimate how much money they will get from a bar??
My uncle hardly takes anything from his bar, he says what goes into the till pays the bars expenses and allows him a steak dinner a couple times a month. ....It seems to me if your doing it purely for making money you could be whistling in the wind.
Do some bar-buyers just under-estimate how much money they will get from a bar??
My uncle hardly takes anything from his bar, he says what goes into the till pays the bars expenses and allows him a steak dinner a couple times a month. ....It seems to me if your doing it purely for making money you could be whistling in the wind.
When nosy expats ask how can i live here without working, i reply, 'well, while you worked hard for 50 years, i worked smart for 5 years'
Re: Why do farang buy bars?
The main problem is that in any tourist resort, business is hugely seasonal and I think that some people don't realize just how little you are going to make out of season, which is often most of the year.Do some bar-buyers just under-estimate how much money they will get from a bar??
Re: Why do farang buy bars?
I wonder what the work permit is really forkendo wrote:I know a bar owner that has a work permit it's framed with his mug shot on the wall of his bar.
He told me that he thought their was only three bar owners in Hua Hin that had a permit.
Kendo.
RICHARD OF LOXLEY
It’s none of my business what people say and think of me. I am what I am and do what I do. I expect nothing and accept everything. It makes life so much easier.
It’s none of my business what people say and think of me. I am what I am and do what I do. I expect nothing and accept everything. It makes life so much easier.
-
- Novice
- Posts: 3
- Joined: Wed Sep 03, 2014 7:47 pm
Re: Why do farang buy bars?
Why don't you ask a bar owner, or do you think you'll get a more honest answer on this forum?dtaai-maai wrote:I've been here for over a decade now, and one thing that's always puzzled me is why so many farang (apparently) buy bars here.